Firm
Baltimore-Washington Financial Advisors, Inc.
Columbia, Maryland
Fee-only
Baltimore-Washington Financial Advisors, Inc. at a glance
- One of 195 fee-only firms based in Maryland in the Wellspent graph.
- 13 advisors are listed here; 6 of 13 hold the CFP.
- Its Form ADV reports 36 employees and 5,272 individual clients, 872 of them high net worth.
- Its average account is about $563,000 (assets it manages divided by its 5,301 accounts).
- Its website says it's taking new clients.
Fee-only advisors in Maryland · What fee-only advisors charge in Maryland
Facts
| Based in | Columbia, Maryland |
|---|---|
| Website | bwfa.com/contact-us |
| [email protected] | |
| Phone | (410) 461-3900 |
Baltimore-Washington Financial Advisors, Inc. fees
What the firm's own website says it charges, checked October 28, 2026. We keep a price only when the exact words stating it appear on the page.
| Asset-based fee | 1.25% a year on the first tier of assets |
|---|---|
| How it charges | Percentage of assets · Flat fee |
In the firm's words
"1.25% on the first $500,000 of assets under management" source
"Our pricing is based on the assets we manage." source
"Financial plan planning costs are fixed in advance and typically range from complimentary to $6,500." source
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets |
|---|---|
| Assets managed | $3.0 billion |
| Individual clients | 4,400 |
| High-net-worth clients | 872 |
| Accounts managed | 5,301 |
| Employees | 36 |
| Planning clients | 251-500 |
| Registered with | The SEC (801-76893) |
| Financial planning | Offered |
| Form ADV filed | March 19, 2026 |
| SEC record | CRD 159388 |